Private DCN Private DCN - Euro

EUR: eurozone sees lowest unemployment rate since 2009

By Ricky Bean January 10th, 2018

It was a bit of a strange day for the euro, as it weakened against the dollar and slid a little against the pound too. This came despite some extremely positive employment data across the eurozone, which saw the jobless rate hit a near nine-year low. The economic recovery continues apace.

It is a quiet day today, although the European Central Bank are set to hold a non-monetary policy meeting. Attention will likely be on tomorrow, when we will see the full year GDP growth figures for Germany and the eurozone’s industrial production figures for November.